A Company Believes That It Controls More Than 30% of the Total

question 92

Multiple Choice

A company believes that it controls more than 30% of the total market share for one of its products.To prove this belief,a random sample of 144 purchases of this product is contacted.It is found that 50 of the 144 purchased this company's brand of the product.If a researcher wants to conduct a statistical test for this problem,the test would be _______.

• A) a one-tailed test
• B) a two-tailed test
• C) an alpha test
• D) a finite population test
• E) a finite sample test

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Definitions:

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A socialist state in Eurasia that existed from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR), and was a major world power politically and militarily.

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The social, cultural, and economic aspects and experiences of Mexican-Americans, a group with heritage tied to Mexico but living primarily in the United States.